Tesla stock drops to key levels we expected... now what? In late July we warned of a potential correction and drop in the price of Tesla stock (TSLA) to some major support levels in the 245 to 214 range - specifically the prior highs at 214. TSLA has declined to that support level and bounced from it. But what is our long term outlook and expectation for TSLA? For example, is our long-term view bullish or bearish? And if bullish, what would make us change our mind and assume a bearish outlook? We look at the charts and explain. Video by Alessio Rastani.
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